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Re: goodietime post# 477474

Tuesday, 05/09/2017 11:14:36 PM

Tuesday, May 09, 2017 11:14:36 PM

Post# of 730658
goodie, i agree. safe harbor is not "hidden assets"...but that doesnt mean non-releasing shareholders cannot sue and tie up the case in probate court for years. DB did us a favor by waiting to initiate the probate until December 2016. This case has already settled back in summer 2016 but they sat on it until December to file the probate.

I think they were wauting on the statute of limitation for "hidden asset" to expire in February so to avoid any exposure of lawsuit from delaying the probate process for years. Thats why tgey filed in December so that distribution wont happen until summer - after statute of limitation for "hidden assets" expired.
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